OIR conducts a public rate hearing regarding the Citizens Property Insurance Corporation (Citizens) rate filing to hear testimony from the company and receive public comment. Details regarding the most recent rate hearing are available below.
Citizens Property Insurance Corporation
Public Rate Hearing
2023 Citizens Rate Hearing
The Florida Office of Insurance Regulation (OIR) conducted a rate hearing to receive public comment for Citizens’ proposed rate changes at 3 p.m. on Thursday, June 8, 2023.
The purpose of the public hearing was to discuss Citizens’ proposed rate changes for its business in the Coastal Account (CA), Commercial Lines Account (CLA), and the Personal Lines Account (PLA).
Public Comments / Testimony
Comments were accepted for consideration on rate filings until 5:00 p.m. on June 22, 2023. Under Florida law, written communications to the OIR are public record and subject to disclosure, including being available to the public and media.
The chart below provides the overall estimated statewide average rate changes for commercial line accounts (CLA). Rate filings can be accessed via the Insurance Regulatory Filing System (IRFS) using the file log numbers or company name. The most recent filing information will be at the bottom of the results page.
Order 314720-23: Commercial Lines Accounts
Order 314719-23: Personal Lines Accounts
| File Log # | Account | Original Rate Requested | Established Rate |
| 23-017031 | Commercial Residential Property Multi-Peril Condominium Associations (CLA & CA) | +9.2% | +9.2% |
| 23-017033 | Commercial Residential Property Multi-Peril Excluding Condominium Associations (CLA & CA) | +9.5% | +9.5% |
| 23-017556 | Commercial Non-Residential Property Multi-Peril (CLA & CA) | +7.7% | +7.7% |
| 23-017858 | Commercial Residential Property Wind Only Condominium Associations (CA) | +9.8% | +9.8% |
| 23-017856 | Commercial Residential Property Wind Only Excluding Condominium Associations (CA) | +10.6% | +10.6% |
| 23-018154 | Commercial Non-Residential Property Wind Only (CA) | +12.0% | +12.0% |
The revised proposed Citizens rate filings listed below can be accessed via the IRFS Forms & Rates Filing Search system by using the following search criteria: file log numbers (see chart below) or by entering “Citizens” as the “company name” in the “Quick Search” tab. Scroll down to the bottom of the results page for the most recent filing information.
| File Log # | Overall Proposed Change | Account | Proposed Rate Level Effect by Territory and County |
| 23-015789 | +12.5% | Homeowners Multi-Peril (PLA) | HO-3, HO-4, HO-6 (PLA) |
| 23-015790 | +14.6% | Homeowners’ Multi-Peril (CA) | HO-3, HO-4, HO-6 (CA) |
| 23-016018 | +12.3% | Property/Personal (Dwelling Fire) (PLA) | DP-1, DP-3 (PLA) |
| 23-016021 | +17.2% | Property/Personal (Dwelling Fire) Wind Only (CA) | DW-3 (CA) |
| 23-016253 | +22.1% | Mobile Homeowners Multi-Peril (PLA) | MHO-3, MHO-4 (PLA) |
| 23-016256 | +24.2% | Mobile Homeowners Multi-Peril (CA) | MHO-3 (CA) |
| 23-016410 | +19.1% | Mobile Homeowners Physical Damage (PLA) | |
| 23-016411 | +17.6% | Mobile Homeowners Physical Damage Wind Only (CA) | MHO-Dwelling (CA) |
| 23-017031 | +9.2% | Commercial Residential Multi-Peril Condo Assn. (CLA) | CRM Condo (CLA) |
| 23-017033 | +9.5% | Commercial Residential Multi-Peril Excluding Condo Assn. (CLA) | CRM Non-Condo (CLA) |
| 23-017556 | +7.7% | Commercial Non-Residential Multi-Peril (CLA) | |
| 23-017856 | +10.6% | Commercial Residential Wind Only Excluding Condo (CA) | CRW Non-Condo (CA) |
| 23-017858 | +9.8% | Commercial Residential Wind Only Condo Assn. (CA) | CRW Condo (CA) |
| 23-018154 | +12.0% | Commercial Non-Residential Wind Only (CA) | CRNW (CA) |